The Capital Markets Authority (CMA) has said a drop in share prices of locally listed companies saw the size of Uganda Securities Exchange (USE) decline by 1.3 per cent for the period ended September. In details contained in its Quarterly Bulletin, CMA noted that domestic market capitalisation declined from Shs4.33 trillion for the period ended […]
The uncertainty surrounding the renewal of Umeme’s concession has impacted performance of the company at the Uganda Securities Exchange, according to Capital Markets Authority. In details contained in the Quarterly Bulletin, CMA said Umeme’s share price, for the period ended September continued to fall due to low investor appetite resulting from uncertainty surrounding the renewal […]
Umeme Chief Operations Officer Florence Nsubuga and Chief Corporate and Regulatory Officer Blessing Nshaho receive materials from the Minister of Energy and Mineral Development Ruth Nankabirwa in Luuka Kampala | RedPepper Digital – African Development Bank (AfDB) would probably bring back the long-standing lost confidence in Uganda’s electricity body; Umeme, which has faced a lot […]
UMEME will facilitate the connections of 87,500 rural households to affordable electricity Uganda’s electricity access rate stands at 57%, comprising 19% and 38% on-grid and off-grid connections AfDB has funded similar projects elsewhere on the continent, including neighbouring Kenya The Ugandan government has launched the last-mile connectivity component under the Uganda Rural Electricity Access Project […]
Kampala, Uganda — Big industrial electricity consumers could soon buy electricity directly from generators or the transmission company to lower the electricity tariffs, according to the Minister for Energy and Mineral Development, Ruth Nankabirwa. Nankabirwa, who spoke during the launch of Electricity Regulatory Authority House in Kampala on Sep.30 said the energy ministry is currently […]
Big industrial electricity consumers could soon buy electricity directly from generators or the transmission company to lower the electricity tariffs, according to the Minister for Energy and Mineral Development, Ruth Nankabirwa. Nankabirwa, who spoke during the launch of Electricity Regulatory Authority House in Kampala on Sep.30 said the energy ministry is currently spearheading the amendment […]
The government is set to sell surplus electricity from Karuma hydropower dam to South Sudan. Ms Ruth Nankabirwa, the minister for Energy and Mineral Development, last week said the government would build electricity substations at Elegu border town in Amuru District in a move to trade its excess electricity. Ms Nankabirwa made the remarks while […]
The government is set to sell surplus electricity from Karuma hydropower dam to South Sudan. Ms Ruth Nankabirwa, the minister for Energy and Mineral Development, last week said the government would build electricity substations at Elegu border town in Amuru District in a move to trade its excess electricity. Ms Nankabirwa made the remarks while […]
Uganda last-mile connectivity increases electricity access to rural communities Sierra Leone Telegraph: 28 September 2021: With support from the African Development Bank (www.AfDB.org) and other partners, the Ugandan government has launched the last-mile connectivity component under the Uganda Rural Electricity Access Project in Iganga in the eastern Luuka District. The objective of the project is […]
Green fund backed by Al Gore takes £440m stake in Octopus Energy 1 A clean energy investor headed by former US vice-president Al Gore has taken a £440 million stake in Octopus Energy – in a deal valuing the UK energy company at up to £3.37 billion. Generation Investment Management has taken a 13 per […]
The value of investments can go down in value as well as up, so you could get back less than you invest. Past performance does not necessarily indicate a financial product’s future performance. This website aims to provide information to help you make your own informed decisions. Our publications, ratings and analysis should be viewed as an additional investment resource, not as your sole source of information. This website does not provide personal advice based on your circumstances. To obtain advice tailored to your situation, please contact a professional financial adviser.